Nvidia may rise to 130.50 - 135.00

Pivot

123.00

Our preference

Long positions above 123.00 with targets at 130.50 & 135.00 in extension.

Alternative scenario

Below 123.00 look for further downside with 118.00 & 112.00 as targets.

Comment

The next resistances are at 130.50 and then at 135.00.

Supports and resistances

140.00

135.00

130.50

124.47 Last

123.00

118.00

112.00

Number of asterisks represents the strength of support and resistance levels.